Tuesday, November 1, 2011

Allot Communicationsannounced record high results for Q3: "Total revenues for the third quarter of 2011 reached $20.1 million, a 37% increase from the $14.7 million of revenues reported for the third quarter of 2010, and a 9% increase from the $18.5 million of revenues reported for the second quarter of 2011 .. Added 3 new mobile service providers, located throughout the world, to its growing customer list .. During the quarter, received orders from 9 large service providers, of which 5 represented new customers and 4 represented expansion deals"

Allot's biggest pure player DPI competitor, Sandvine, also announced record results for the 3rd quarter (August 11) of $25.6M (here).

See "Allot Communications Reports Continued Growth in Revenues and Net Profit for Third Quarter of 2011" - here. During the Q3 results conference call, Allot's CEO, Rami Hadar (pictured), said that:

Financial:

EMEA generated 60% of revenues

Mobile generated 50% of revenues and is the fastest growing category

The revenues from large order received in October (here) will be recognized over several quarters

The growth in R&D expenses (18% yTy) is driven by the road map as well as new features required by large customers, which require fast execution to meet the customer expectations

Headcount is 307

Market and solutions

Customers tell Allot that they are interested in generating revenues with Allot solutions

We have dramatically improved our charging capabilities (see recent announcement with Openet - here) - we have one joint deployment with Openet in the EMEA market

Competition - no news - same pure players, no new ones in standalone market; embedded DPI - some vendors claim DPI functionality - no one compares in functions and scale

We had to scale 10 fold growth in the number of connections supported by the DPI products in 18 months